XRP Ledger Ranks Third in Stablecoin Expansion, But Who Is First?
Photo: U.Today
XRP Ledger (XRPL) took third place in the global ranking of blockchain platforms by the pace of weekly growth in stablecoin capitalization. According to the official weekly report of the RWA Foundation organization, compiled on the basis of on-chain data from the analytics platform Token Terminal, over the reported seven days, the net inflow of capital into XRPL-based stablecoins amounted to $58.3 million. The inflow follows a sharp pullback: as of October 22, XRPL's stablecoin capitalization had dropped 13.19% week-over-week to about $999.9 million, as Ripple moved part of its RLUSD supply to Ethereum.
Source: U.Today
